Signet moves forward on upgrade

PASCAGOULA, Miss. -- Signet Maritime Corp. is investing $7.2 million in infrastructure improvements at its Pascagoula shipyard, Signet Shipbuilding and Repair. The work will support an increased workload and future growth, and includes a 150-ton crawler crane, dredging and renewal of a 1,000-foot waterfront bulkhead, a new fabrication shop, an expanded drydock and concrete base for vessel repairs and an improved sand blasting and painting area. (Source: Mississippi Press, 01/13/14)